Monster Beverage (MNST) Misses Q4 EPS by 14c; Approves $1.75B Common Stock Buyback

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Monster Beverage Reports 2015 Fourth Quarter and Full Year Financial Results

February 25, 2016 4:10 PM EST

-- Fourth Quarter Net Sales Rise 6.6% to $645.4 Million; Fourth Quarter Net Income Increases 10.7% to $138.7 Million; Announces Repurchase Program of an Additional $1.75 Billion --

CORONA, Calif., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and twelve-months ended December 31, 2015.

2015 Fourth Quarter

Gross sales for the 2015 fourth quarter increased 6.7 percent to $743.2 million from $696.3 million in the same period last year. Net sales for the 2015 fourth quarter increased 6.6 percent to $645.4 million... More